MoreGoodDays
Funding

Blackbird, Giant Leap back healthtech startup tackling chronic pain with $3.5 million raise

- March 13, 2023 2 MIN READ

Melbourne  healthtech startup, MoreGoodDays has raised $3.5 million for a digital solution to managing chronic pain.  The round was led by Blackbird, with support from impact fund Giant Leap, Side Stage Ventures, the Snow Foundation, and LaunchVic’s female-focused sidecar investment program, the Alice Anderson Fund.  Neala Fulia and Helena Ngo co-founded the healthtech platform to… Read more »

Vively glucose monitor
Funding

Healthtech startup Vively raises $1.5 million in pre-Seed to tackle blood sugar levels

- December 22, 2022 2 MIN READ

Vively.com.au, a metabolic wellness platform, has raised  $1.5 million in an oversubscribed pre-Seed round led by Archangel Ventures. Vively uses constant glucose monitoring via an arm patch to help people understand how their diet and lifestyle is affecting their metabolic health in real-time. The funding will be used on product development and growth to capture… Read more »

Funding

Insurer nib backs Queensland startup Midnight Health in $12 million Series A

- August 31, 2022 2 MIN READ

Brisbane startup Midnight Health has taken on a $12 million Series A investment from health insurer, nib, which values the 18-month-old healthtech brand builder at $48 million. The latest backing follows on from a $4 million initial investment from nib in November 2021. The fresh capital is earmarked towards technology investment, more staff, new product… Read more »

Venture Capital

Twiggy Forrest is backing biotech with a new $250 million VC fund

- August 15, 2022 2 MIN READ

WA mining billionaire Andrew Forrest has turned his investment attention to the health tech sector, with a new $250 million venture capital fund. The VC, Tenmile, is being backed by Tattarang, the Fortescue Metal Group founder’s private investment company. Tenmile will target startups focused on unmet medical needs that support sustainable and equitable healthcare, offering seed… Read more »

Funding

Healthtech startup InstantScripts sees valuation jump 10% as Bailador chips in another $5 million

- August 8, 2022 2 MIN READ

Digital healthcare platform has raised $5 million in a follow-on investment from ASX-listed venture fund Bailador Technology Investments. Bailador (ASX:BTI) has already tipped $16.6 million into InstantScripts, and the latest capital injection has defied the current trend of plunging startup valuations, with the VC saying the valuation at the latest round has resulted in a… Read more »

Funding

Kiwi healthtech startup Carepatron banks NZ$1.6m pre-seed round from Blackbird to ramp up global growth

- July 26, 2022 2 MIN READ

Kiwi healthtech software platform Carepatron has raised NZ$1.6 million in pre-seed funding to develop its collaborative health workspace The round was led by trans-Tasman VC Blackbird. The Kiwi startup has bootstrapped until now and will use the cash injection to grow its global team and deliver its product and growth vision. Carepatron was founded by… Read more »

Dr Kate Cornick
Accelerator

LaunchVic is on the hunt for budding startup founders to tackle key health issues facing young people

- April 29, 2022 2 MIN READ

Victoria’s startup agency LaunchVic, is partnering with the state’s health authority VicHealth to harness the power of entrepreneurship and innovation to tackle of the key health issues of young people with a new accelerator program. The VicHealth X LaunchVic CivVic Challenge is looking for aspiring founders and early stage startups keen to find solutions that… Read more »

Funding

Medibank backs health startup Medinet with $10 million

- March 17, 2022 2 MIN READ

Health insurance fund Medibank Private has taken a minority stake in telehealth app Medinet with a $10 million investment. The app offers 24/7 telehealth consultations with a GP as well as door-to-door prescription delivery. The funds will be used to scale and develop the platform’s technology. Founded in 2019 by a group health care professionals,… Read more »

Funding

Digital medtech startup Andi Health raises $600,000 in pre-seed round

- March 11, 2022 2 MIN READ

Sydney-based digital health startup Andi Health has raised $600,000 in pre-seed funding. The round was led by Melbourne VC Brenteca Investments. The cash is for Andi to build what it says is “the world’s first human health coach in your pocket”. Andi’s subscription-based health management platform integrates a range of health devices and analytics, combining them… Read more »

Bronwyn Le Grice
Other tech

There’s a big focus on helping kids in the five medtech startups backed by ANDHealth’s new commercialisation program

- December 20, 2021 2 MIN READ

ANDHealth has revealed the five startups chosen to be a part in its Medical Research Future Fund (MRFF) funded ANDHealth+ program. Australia’s only not-for-profit digital health commercialisation organisation is sharing a pool of $3.75 million in funding between the five ventures via the ANDHealth Digital Health Accelerator Fund. The five-month program also includes more than… Read more »

Nic Blair
Other tech

Insurer nib takes 50% stake in medtech startup Midnight Health in $4 million deal

- November 25, 2021 2 MIN READ

Digital health startup Midnight Health has partnered health insurer nib, in a $4 million deal for a 50% equity stake in the business.  The healthtech venture launched its first platform, Youly, in February this year, offering delivery of the Morning After Pill along with additional women’s healthcare needs, such as the contraceptive pill, thrush, sleep… Read more »

Bronwyn Le Grice
Other tech

US VC ‘unicorn collector’ Lisa Suennen is chairing a new Australian investment committee looking to ramp up digital health startup backing

- November 23, 2021 2 MIN READ

A new, female-led group looking to tackle investment in the digital health space is looking the ramp up support for startups with an international panel of experts for advice and support.  ANDHealth CEO Bronwyn Le Grice is driving the project, recruiting Lisa Suennen, known as a “unicorn collector” in the US digital health sector, to… Read more »

Prospection
Funding

Healthcare data analytics startup raises $45 million series B

- September 13, 2021 2 MIN READ

Sydney health analytics startup Prospection, which uses AI and machine learning to provide patients insights on potentially life-threatening diseases, has raised $45 million in a series B. The round was led by Ellerston Capital’s JAADE fund, chipping in $30 million, with the balance coming from existing backers, the CSIRO VC fund Main Sequence Ventures, and Hong… Read more »

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